Construction continues to advance at 125 West End Avenue, a conversion of an eight-story building into a 400,000-square-foot, state-of-the-art life sciences and research laboratory on Manhattan’s Upper West Side. Designed by Perkins+Will and developed by Taconic Partners, Nuveen Real Estate, and LaSalle Investment Management, the project will be the largest life science development in NYC since the Alexandria Center at 430 East 29th Street, and will help meet the growing demand for occupancy-ready, pre-built lab space in the city. JB&B is leading engineering, JRM Construction is managing construction, and CBRE is handling leasing. The property is located on the west side of the avenue between West 65th and 66th Streets.
Permits have been filed for a five-story mixed-use building at 4180 Carpenter Avenue in Wakefield, The Bronx. Located between East 232nd and East 233rd Streets, the interior lot is one block west of the 233rd Street subway station, serviced by the 2 and 5 trains. Mark Stagg of RYTY Home Builders LLC is listed as the owner behind the applications.
Work is nearing completion on the RIU Plaza Hotel, a 48-story tower at 145 West 47th Street in Times Square. Designed by Berg + Moss Architects and developed by Tribeach Holdings, the 353,000-square-foot reinforced concrete edifice stands between Sixth and Seventh Avenues and will soon open its 630 rooms to guests. Transom Builders Group is the general contractor for the building.
SCALE Lending recently provided $65.9 million in financing to facilitate the completion of a new 19-story residential building at 26-25 Fourth Street in Astoria, Queens. Designed by J Frankl Associates and developed by Bruman Realty, the 289,000-square-foot structure will stand 204 feet tall and yield 165 rental apartments, 38,000 square feet of retail space, and a 101-vehicle parking garage on a lot between 26th and 27th Avenues.
Sales recently kicked off for Tangram House West as the mixed-use development nears completion in Downtown Flushing, Queens. Developed in a joint partnership between F&T Group and SCG America and designed by Margulies Hoelzli Architecture, Tangram yields 1.2 million square feet with retail, residential, office, and hotel components. Bound by College Point Boulevard, Prince Street, and 37th and 39th Avenues, the 13-story building at 133-27 39th Avenue has 132 residential units. Inventory mix breaks down to 105 studio and one-to-two-bedroom residences, plus 27 penthouses ranging from one- to four-bedrooms layouts.